REAL Homeownership Program

Americans are buying smaller homes. Compared to what we saw at the height of the pandemic, recent mortgage rate spikes have decreased affordability and to buyers, every square foot counts. According to the latest Redfin research, condos, which are typically smaller than single-family homes, are becoming the most popular type of property in the current housing market. Another factor impacting demand for smaller homes is that in-person work and school has resumed in many areas, meaning people no longer require at-home space the way they used to. If you are considering downsizing or you're simply looking for a new home, let REAL help. www.realhomeownership.com

Competition in the housing market has been fierce and although the upward trend is slowing somewhat, the bidding war rate is one of the metrics that reflects it. The latest numbers show that in February, 68.6% of offers written by just Redfin agents faced bidding wars, and the recent spiking mortgage rates have intensified it. El Paso, Texas is currently among the top-most competitive metros and other top cities include Denver, Minneapolis and San Francisco. Here's more detail. https://www.forbes.com/sites/andrewdepietro/2022/03/30/california-housing-market-report-2022/?sh=5545b4092c4a

If you're ready to buy, let REAL help. We make you a cash buyer and significantly up your chance to be picked by the seller. www.realhomeownership.com

Home prices soared to a new high last month and record low supply spurred an unprecedented winter buying season. Between January and February, the median home price rose 3.5%, which marked the fastest month-over-month gain ever seen during the winter months. But it's not holding buyers back. Homes on the market today get multiple offers, and buyers are almost always waiving contingencies and offering substantially above asking price to get the house. For buyers who are considering entering the housing market now, it's as good a time as any, however, you can up your chance at getting the home you want by working with REAL. Buy the house in cash and and become the seller's top choice among the competition. Now is the time to get that dream home of yours - let REAL help. www.realhomeownership.com